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Practice Of Real EstateLicense_lawMEDIUM

Patricia is a Qualifying Broker who operates a real estate brokerage in Albuquerque. She wants to place an advertisement for her brokerage services on a local website. Under NMAC Title 16, Chapter 61, which of the following advertising requirements must Patricia satisfy?

Correct Answer

A) All advertisements must clearly identify the brokerage name under which the Qualifying Broker is licensed

Under NMAC Title 16, Chapter 61, all advertising by a real estate licensee must clearly identify the brokerage name under which the Qualifying Broker is licensed. This requirement ensures that consumers can identify the licensed entity responsible for the advertisement and prevents misleading or anonymous advertising.

Answer Options
A
All advertisements must clearly identify the brokerage name under which the Qualifying Broker is licensed
B
All advertisements must include the Qualifying Broker's personal cell phone number and home address
C
All advertisements must be pre-approved by the NMREC before publication
D
All advertisements must include the license numbers of every Associate Broker affiliated with the brokerage

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Related Topics & Key Terms

Key Terms:

advertisingqualifying_brokerbrokerage_identificationnmrec_rules
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